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Koufu founders make 77 cents per share cash offer to privatise company

Koufu founders, a husband-wife duo, make an offer of 77 cents per share in cash to privatise company

SINGAPORE - Koufu Group's founding shareholders are proposing to privatise the company at 77 cents per share in cash through a voluntary conditional offer that values the foodcourt operator at $425.8 million. The offeror Dominus Capital is an investment company incorporated on Oct 7 by Koufu executive chairman and chief executive Pang Lim and executive director Ng Hoon.

Neil Bush Exits Stake in Singapore Developer as Mainland Tycoon Buys Out SingHaiyi

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